Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[adamstgBit]

This hasn't been confirmed as legitimate or anything, and I don't want to start a speculation fury, but there was this video posted about a month ago on reddit (not by anyone official, I don't believe, or even affiliated with Ebay or Paypal, or at least there was nothing posted to prove otherwise).

Have a look at the end and who made it (supposedly):

http://www.youtube.com/watch?v=PrK-152xfy0

If that's a fake, its a damn good one.

the value of all outstanding bitcoin is well over 2 billion dollars

I guess they don't plan on officially releasing the video till they have accumulated their stake in bitcoin.

cool

 

[byronbb]

This hasn't been confirmed as legitimate or anything, and I don't want to start a speculation fury, but there was this video posted about a month ago on reddit (not by anyone official, I don't believe, or even affiliated with Ebay or Paypal, or at least there was nothing posted to prove otherwise).

Have a look at the end and who made it (supposedly):

http://www.youtube.com/watch?v=PrK-152xfy0

If that's a fake, its a damn good one.

Ya they get 100 points for subtly if faking.

[meh32123]

Finally capitulation?

down to $50

[Chalkbot]

the value of all outstanding bitcoin is well over 2 billion dollars

I guess they don't plan on officially releasing the video till they have accumulated their stake in bitcoin.

cool

One other possibility is that the video was put together in April, when Ebay/Paypal was actually talking publicly about bitcoin and the outstanding value WAS around 2 billion dollars.

[adamstgBit]

the value of all outstanding bitcoin is well over 2 billion dollars

I guess they don't plan on officially releasing the video till they have accumulated their stake in bitcoin.

cool

One other possibility is that the video was put together in April, when Ebay/Paypal was actually talking publicly about bitcoin and the outstanding value WAS around 2 billion dollars.

but the guy said the video was posted about 1 month ago

have no fear, ebay whales will save us and push the market cap well over 2 billion dollars before publicly endorsing them.

oh joy!

 

lol!

[MikeH]

I'm officially the worst trader - sold at 89 (bottom), bought at 147 ($1 from top), sold at 127 (bottom)

[derpinheimer]

I'm officially the worst trader - sold at 89 (bottom), bought at 147 ($1 from top), sold at 127 (bottom)

Thank you for sharing, I dont feel so bad now!

Are you serious though?

But uh, I sold at 133 again after buying 136.....  and didnt rebuy 127. I had a buy 127.27 [no joke], but pulled it... bottom? 127.24.

FML.

[adamstgBit]

I'm officially the worst trader - sold at 89 (bottom), bought at 147 ($1 from top), sold at 127 (bottom)

lmao

I did some similar trading back in 2011.

[MikeH]

fraid so - I haven't been paying attention to catch the movements early, take a punt that it will go further but it hasn't, fortunately I only play with 1/4 of my btc.

[Chalkbot]

I'm officially the worst trader - sold at 89 (bottom), bought at 147 ($1 from top), sold at 127 (bottom)

It's okay Mike, I did that for a couple years in the stock market. I refer to the money lost as the tuition for my investment training. It was expensive, but I got a comprehensive course in everything you shouldn't do.

[ChartBuddy]

[Ares]

the value of all outstanding bitcoin is well over 2 billion dollars

I guess they don't plan on officially releasing the video till they have accumulated their stake in bitcoin.

cool

One other possibility is that the video was put together in April, when Ebay/Paypal was actually talking publicly about bitcoin and the outstanding value WAS around 2 billion dollars.

but the guy said the video was posted about 1 month ago

have no fear, ebay whales will save us and push the market cap well over 2 billion dollars before publicly endorsing them.

oh joy!

 

lol!

Well the upload date says August 20th, so apparently I was off on when it was posted. Regardless, a video like that certainly takes some time to produce, and they also must have done the research back when it was 2 billion.















Or they're gonna buy it up to 2 Billion, incorporate it into their business model, and set course for changing the world of online payments. To da moon!

[W2014]

Mt. Gox is out of coins? Now what?

[Phinnaeus Gage]

I'm officially the worst trader - sold at 89 (bottom), bought at 147 ($1 from top), sold at 127 (bottom)

If I recall, Rassah introduced that trading strategy, and at the end of the day he purchased a new car with the profits earned.

[Phinnaeus Gage]

I'm officially the worst trader - sold at 89 (bottom), bought at 147 ($1 from top), sold at 127 (bottom)

It's okay Mike, I did that for a couple years in the stock market. I refer to the money lost as the tuition for my investment training. It was expensive, but I got a comprehensive course in everything you shouldn't do.

It's akin to learning hold'em, where the general consensus is the tuition fee is ten grand on average, of which I probably paid close to that before becoming a winning player.

[ChartBuddy]

[solex]

I'm officially the worst trader - sold at 89 (bottom), bought at 147 ($1 from top), sold at 127 (bottom)

I once heard about a student trader who had reversed the "buy" and "sell" buttons on his trading station to overcome that mind-set.

[Phinnaeus Gage]

I'm officially the worst trader - sold at 89 (bottom), bought at 147 ($1 from top), sold at 127 (bottom)

I once heard about a student trader who had reversed the "buy" and "sell" buttons on his trading station to overcome that mind-set.

Let me guess: He also reversed the default settings of his mouse.

[MickeyT2008]

I'm officially the worst trader - sold at 89 (bottom), bought at 147 ($1 from top), sold at 127 (bottom)

I managed to call the bottom perfectly, but it's unfortunate that I used it to sell at rather than buy at - oops!  Oh well, it's not the end of the world.  At least I did call the bottom correctly last time when I bought in for $68, and I don't have enough of a BTC/USD stash to be worth losing sleep over the price difference anyway.

[Rampion]

Going back to the "mike from ebay" thing: nightowlace story didn't seem a lie to me, I was just amazed that he did not ask more info (last name and position) to the guy making the questions - now I see he did.

Nevertheless, I still cannot understand how Paypal/Ebay could be seriously thinking about integrating Bitcoin - it's totally against their interests. Come on: irreversible transfers, decentralized currency, pseudoanonymity? It's a Paypal antagonist, I really cannot see how they could support BTC, it is completely opposite to their philosophy - in fact, aren't Paypal and Ebay jerking around with people dealing with BTC?

As I said when I saw the CEO of Paypal speaking about BTC: I'm very sure those guys are looking closely to BTC, but IMO they would develop their own proprietary crypto, they wouldn't embrace BTC as it is.